International (Import/Export) Factoring Solutions

Export / Import Factoring is a dedicated solution for companies who export / import goods to / from abroad.

It can be managed via BNP Paribas Factoring entities or through our exclusive partner and largest factoring chain in the world, FCI (Facilitating Open Account - Receivables Finance) network in countries where we are not present.

For many companies, regardless of the size and industry, international trade is an ultimate challenge. One of the most important problems for exporters is the increasing insistence of importers for an open account trade and longer payment terms. This often means, receiving the payment several weeks after the invoice date without credit-cover.

Thanks to extensive coverage of BNP Paribas Factoring Group and our partner of FCI, we are able to offer you to have opportunity to have an open-account trade with your foreign buyers with longer payment terms, competitive financing, best-in class collection and credit cover services around the world.

Who can benefit from BNP Paribas Factoring International (Import / Export) Solution?

International factoring solution can be offered to companies with different sizes from different industries and segments, from SME (Small and Medium-sized Enterprise) to big corporates, who have export / import activities around the world.

Grow your international trade business and increase your presence in foreign market with our exclusive international (Import / Export) Factoring solution which allows you to offer attractive payment terms in open account trade through secured environment

Local BNP Paribas Factoring Group entities and our partners located in your buyer’s country have professional first-hand knowledge of all local practices, market structures, company behaviour and legal frameworks. They are best positioned to provide efficient collection from your buyers, but also a reliable risk assessment of their credit worthiness.

Why BNP Paribas Factoring International (Import / Export) Solution?

High level of customer service in International (Import/Export) Factoring is continuously recognized and endorsed by our partners. In the last 5 years, our local BNP Paribas Factoring Group entities received many awards from FCI, well-known and biggest Factoring chain in the world.

2012

TEB Faktoring: FCI Best Export Factor (1st)

2014

TEB Faktoring (Turkey): FCI Best Export Factor (1st)
BNP Paribas Factor France (FR): FCI Best Export / Import Factor (1st)
BNP Paribas Commercial Finance (UK): FCI Best Import Factor (4th)

2015

TEB Faktoring (TR): FCI Best Export Factor Award (2nd)
BNP Paribas Factor France (FR): FCI Best Export / Import Factor Award (1st)
BNP Paribas Commercial Finance (UK): FCI Best Import Factor (3rd)

2016

TEB Faktoring (Turkey): FCI Best Export Factor (2nd)
BNP Paribas Factor France (FR): FCI Best Export / Import Factor (2nd)
BNP Paribas Commercial Finance (UK): FCI Best Import Factor (3rd)

2017

TEB Faktoring (Turkey): FCI Best Export Factor (1st)
BNP Paribas Factor France (FR): FCI Best Export / Import Factor (1st)

Benefits of International (Import / Export) Factoring Solutions with BNP Paribas Factoring Group;

Using the same language and operating in the same time zone
Knowledge and intelligence about current or prospective foreign clients
Doing business and transactions in a secured environment.
Lower operational & documentation workload than the other alternatives like Letter of Credit.
Dunning and collection.
Accelerated cash flow through faster collections
Increased sales in foreign markets by offering competitive payment terms.
Protection against bad debts and insolvency on foreign customers
Liquidity to boost working capital
Opportunity to make use of supplier discounts
Lower costs than the aggregate charges for Letter of Credit transactions.